


Happy New Year Everyone! Quick end of week Recap and current plays I am looking at based on the Double BB Trading Style. Leave a comment below and let me know your thoughts!
Intraday sell off for repositioning but Daily consolidation with no clear direction just yet. How I plan on trading on a more micro timeframe to make profits until a breakouts occurs.
Intraday 150 SMA key support level at $160. Much volume in that price range so expect the bulls to attempt to hold. AAPL is heavily weighted in the S & P 500 so this will further drag the SPY down with it.
Daily Chart is in a consolidation cycle. If the key support levels do not hold where a lot of volume was traded, then you will see the SPY violently sell off as volatility gains steam.
We go the $462 pullback as expected, but where do we go from here? I can tell you now, the options market is pricing in $455 heavily. Is it possible?
High Growth Stocks are taking a hit and TSLA's delay in drop is coming to fruition. Between possible interest rate hikes in the future and Elon cashing out millions of shares, its due for a pull back prior to its next leg.
Market is still in a holding pattern as we await Wednesday speech from Fed Chair Jerome Powell. In the mean time the market is still selling off a tad bit and there are a few short term trades I am looking to take. WENT OVER MY 20 MIN LIMIT!!!! Ill remember next time.
Market shrugged off the CPI data and has turned very bullish. Let's recap the week and how we go into next week.
Market has held as I stated in my last video between $467 and $469. Today we broke $467 as weak hands closed out their positions prior to the CPI data tomorrow morning. Question is, will future markets hold or sell off prior to CPI data. Either way the VIX is basing as you can see the option market is pricing in the volatility and we could have a volatile...
Bulls are making me a believer BUT there are just a couple more things I need to happen before I long a position.
By Yasin Ebrahim Investing.com – The S&P 500 closed higher Monday, as easing fears about the impact of the Omicron variant of Covid-19 renewed investor bets on cyclical stocks, while a intraday rebound in tech also pushed the broader market higher. The S&P 500 rose 1.2%, the Dow Jones Industrial Average gained 1.9%, or 646 points, the Nasdaq climbed 0.9%. The...
Forgot I only had 20 minutes. Ill be shorter next time. My overall thoughts on the market, what you should expect, and How I plan on trading it!
Good Afternoon Team, The market played out as we called it with a $460 push to only be rejected and create a lower high and lower low. Bulls step to the side for now, as the bears have taken over on a day to day basis. As of now the market was unable to hold the Weekly $456 support which opens the door for a $440 flush next week. Expect a bounce starting Monday...
Glad to be back and recording for YOU. SPY is still on shaky legs and the momentum to the downside is still strong. Here's what you should know before market open!
By Yasin Ebrahim Investing.com – The S&P 500 rebounded Tuesday, as investors took advantage beaten down travel-related stocks and financials following a rout the previous day. The S&P 500 rose 1.5%, the Dow Jones Industrial Average gained 1.6%, or 550 points, the Nasdaq was up 1.6%. The United States 10-Year yield rose above 1.2% after dropping to 1.14%...
By Yasin Ebrahim Investing.com – The S&P 500 slumped Monday, led by a rout in energy and financials as investors grew concerned over the global recovery following a surge infections brought on by the Delta variant. The S&P 500 fell 1.6%, the Nasdaq was down 1.1%. and the Dow Jones Industrial Average fell 2.1%, or 726 points, though was down 953 points at...
$405 Support (Check), $418 Rejection (Check), Pull back to $405 for a double bottom play (Check)....So now what to expect... By Yasin Ebrahim Investing.com –The S&P 500 ended lower Wednesday, but cut losses into the close as a chip-led rebound in tech helped soothe concerns the Federal Reserve is starting to think about broaching the bond tapering topic at...
By Yasin Ebrahim Investing.com – The S&P 500 ended the week in the red Friday despite a rebound in tech and a rally in economically-sensitive value stocks amid optimism the consumer remains in good shape to support the recovery. The S&P 500 rose 1.49%, the Dow Jones Industrial Average added 1.06% to 360 points, and Nasdaq Composite gained 2.3%. The weekly loss...